Tigran Gambaryan | FinTelegram News

Tag: Tigran Gambaryan

May 24, 2024

Binance Nigeria Case: Binance Executive Tigran Gambaryan Collapses in Court During Trial

On May 23, 2024, the trial of Binance executive Tigran Gambaryan took an unexpected turn at the Federal High Court in Abuja when Gambaryan collapsed during the proceedings, online news platform Punch reported. The dramatic incident occurred shortly after the court registrar called for the continuation of the trial. As the trial commenced, Gambaryan, who typically sat at the back, did not step forward to the dock.

May 18, 2024

Update on Binance Nigeria Case: Executive Denied Bail Over Money Laundering Charges Over Flight Risk!

Working for the crypto exchange Binance may pull you into severe troubles, as shown in the case in Nigeria. Recently, a Nigerian court denied bail to Tigran Gambaryan, the Binance compliance officer facing charges of tax evasion and money laundering. The Federal High Court in Abuja presided over by Judge Emeka Nwite, ruled that Gambaryan, a former IRS special agent, is likely to abscond if released on bail.

May 11, 2024

FinTelegram Update: Binance Executive Seeks US Government Intervention From Nigerian Detention

Tigran Gambaryan, a senior executive at crypto giant Binance, has issued a public plea for assistance from the United States government through a video released from his detention in Nigeria. Gambaryan, the head of financial crime compliance at Binance, confirmed his month-long detention in a video that has gained considerable traction online. The video evidently was recorded in early March 2024 and found its way to X just recently.

May 10, 2024

Binance Nigeria Case: Government Dismisses the Blackmail Allegations; Nadeem Ajawalla to be Extradited!

In a recent development in Nigeria, the national authorities have dismissed claims by Binance's CEO, Richard Teng, regarding alleged demands for a substantial bribe, labeling the accusation as a strategic diversion and an attempt at blackmail. These allegations surfaced amidst severe criminal charges against Binance. Teng had alleged in a blog post that unnamed Nigerian officials sought a $150 million bribe in cryptocurrency to halt an ongoing investigation into the company's activities.

May 8, 2024

Binance CEO Richard Teng Advocates for Release of Detained Compliance Officer Tigran Gambaryan

In a detailed blog post dated May 7, 2024, Binance CEO Richard Teng passionately defended Tigran Gambaryan, a VP and compliance officer for the crypto giant currently detained in Nigeria. Teng's post, entitled "Tigran Gambaryan is Innocent and Must Be Released," argues for the immediate release of Gambaryan, who has been held for over 70 days under challenging conditions.

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May 8, 2024

Allegations of Bribery in Binance’s Nigeria Case: True, or Just a Remarkable Defense Strategy?

In another troubling chapter for crypto giant Binance, its compliance officer, Tigran Gambaryan, was charged with money laundering in Nigeria. A former U.S. law enforcement agent, Gambaryan claims that someone linked to the Nigerian government demanded a $150 million bribe. This request came during a contentious period marked by accusations from Nigerian legislators of tax violations by Binance and threats of arrest against its employees.

May 3, 2024

Binance Nigeria Case: Money Laundering Trial Postponed!

The money laundering trial involving Binance Nigeria has been postponed to May 17, according to a family spokesperson for detained executive Tigran Gambaryan. This delay stems from a need for additional time granted to Binance's legal team to review new evidence presented by Nigeria's Economic and Financial Crimes Commission (EFCC). The postponement was announced after it was found that Binance’s lawyers had not previously seen a crucial 300-page document submitted by the EFCC.

April 25, 2024

Binance Executive Nadeem Anjarwalla Evades Arrest Amidst Ongoing Extradition Controversy!

In a case that highlights the challenging intersection of international law enforcement and the crypto industry, Kenyan authorities have recently denied the arrest of Nadeem Anjarwalla, a Binance executive embroiled in a significant tax evasion case in Nigeria. Anjarwalla escaped from Nigerian custody to Kenya in late March and now faces a complicated extradition request that casts a shadow over Binance's operations.

April 24, 2024

Binance Executive Detained in Nigeria Awaits Bail Decision Amid Money Laundering Charges

Tigran Gambaryan, a Binance executive, remains in custody at Nigeria's Kuje prison with a bail hearing scheduled for May 17. Gambaryan, detained since February 26, faces charges of money laundering and tax evasion, which his family has denounced as unfounded. The American citizen and former Internal Revenue Service (IRS) special agent is Binance’s head of financial crime compliance. Now he is experiencing extended prison time.

April 19, 2024

Binance’s Troubles in Nigeria: A Case Study in Regulatory Challenges

In a recent episode underscoring the global regulatory challenges faced by crypto exchange Binance, Tigran Gambaryan, a US compliance official for Binance, found himself detained in Nigeria. According to a detailed account by the New York Times, Gambaryan's ordeal began with what was meant to be a brief business trip in February, which unexpectedly extended due to serious legal accusations, including tax evasion and money laundering leveled against him and Binance.

April 14, 2024

Binance Nigeria Case: The Fugitive Executive Located in Kenya to be Extradited to Nigeria.

Nigeria's government and law enforcement continue to aggressively go against Binance and its executives. The Nigerian government has located Nadeem Anjarwalla, a key Binance executive who had previously fled from Nigerian custody, in Kenya. The Nigerian Economic and Financial Crimes Commission (EFCC), alongside international law enforcement agencies including INTERPOL and the Kenyan Police Service, is now working to expedite Anjarwalla's extradition back to Nigeria.

April 8, 2024

The Nigerian Frontline: Taking a Firm Stand Against Offshore Crypto Schemes And Their Executives!

In an interesting move that signals a seismic shift in the global regulation of crypto entities, the Nigerian government has boldly stepped into the arena against Binance, one of the world's largest and most elusive crypto platforms. This action underscores a growing consensus among law enforcement and regulatory bodies worldwide: to combat the challenges posed by offshore crypto schemes effectively, the prosecution of key executives is not just strategic but necessary.

Startup on Trial: Charlie Javice and the Frank Fraud – When Fake Users Fueled a $175 Million Acquisition

Charlie Javice, once hailed as a “female fintech prodigy,” now stands convicted of engineering one of the boldest startup frauds in recent history. Her student finance platform, Frank, was acquired by JPMorgan Chase for $175 million in 2021. What seemed like a triumphant exit turned out to be a carefully orchestrated lie — built on fake user data, fabricated customer lists, and manipulated metrics.

Startup on Trial: Alex Mashinsky Sentenced to 12 Years for Orchestrating Celsius Network FraudPC Gamer+5bloomberg.com+5Coindoo+5

In an expected decision underscoring the perils of unchecked ambition in the crypto industry, Alex Mashinsky, founder and former CEO of Celsius Network, has been sentenced to 12 years in federal prison. This sentencing follows his December 2024 guilty plea to securities and commodities fraud charges. Mashinsky was one of the crypto high-flyers in the crypto bull run 2020/21.

Investor Briefing: FinTelegram Confirms Negative Outlook For Alphabet (GOOGL)!

Alphabet Inc., the parent of Google, is under existential pressure for the first time in decades. With search traffic declining on key platforms like Apple Safari, a DOJ antitrust trial in full swing, and AI-powered rivals like ChatGPT and Perplexity eating into its moat, Alphabet's dominance is no longer a given. A recent 9% drop in its stock price — erasing $250B in market cap — signals market fear that the age of Google-as-default may be ending.

Legal Analysis: Landmark Ruling Against Moorwand Ltd in APP Fraud Case

The recent High Court ruling in the UK against Moorwand Ltd marks a watershed moment in the fight against authorised push payment (APP) fraud in the UK. The judgment held the FCA-regulated e-money institution liable for failing to prevent fraudulent transfers, reinforcing the application of the Quincecare duty to modern payment service providers.

DeFi Drama in the Dock – SafeMoon CEO John Karony on Trial for Massive Investor Fraud!

The sensational federal trial of SafeMoon CEO Braden John Karony kicked off in Brooklyn, promising to be one of the most explosive DeFi crime showdowns of the year. Karony stands accused of masterminding a multimillion-dollar scheme under the guise of a “decentralized” finance token that defrauded over a million investors. Former CTO Thomas Smith turned on him, founder Kyle Nagy reportedly hides in Russia.